Scracity DeFi (SCARCE)

SCARCITY DEFI

Before writing about the new token Scarcity Defi, here is brief intro about what is defi? and what is Yield farming?
Defi(Decentralised finance) : What is DEFI? A short term which is used to describe movement of financial products and services onto public blockchains. It is a financial platform that uses a de-centralised system. And users are permitted to have automated enforceable agreements without any major bank or financial institute to work as an intermediate. Therefore, making it simple for the general public.
Yield Farming: It is the process of making crypto with your crypto. You land your funds to other through smart contracts and in return you receive crypto as your fee. Though it seems simple but complex strategies and programming is working behind this process.
SCARICTY DEFI: This is a new token in the Defi Space. Which has the potential of becoming the shining star of crypto. How? because the professional and dedicated team behind it created it with the idea of rewarding the investors multiple times by yield farming and low supply.

The token has not been listed in market yet. However, it can be purchased in its pre-sale. Started on 30th Nove 2020. The team has made all preparation to list it on Probit Exchange.
The team behind it introduced two token: SCARCE the default token, and ySCR the governance token. Both are erc-20 token The token have been designed in a distinctive way and the supply of them is limited. SCARE can be bought in the pre-sale, however an investor must stake SCARE in order to claim ySCR. Another way to buy ySCR is to buy it though a centralised exchange once listed.
The holders of ySCR will get an ultimate value in the form of USDT, YFI and UNI.
There are many more ways yet to be introduced for the investors to be rewarded. With ySCR token investors will be able to vote for the governance of SCARCE and will have the aptitude to change its economy.
So how does SCARCE token works?

It is is deflationary token , as illustrated above, it maximise the yield farming through its one of a kind design, than the protocol builds a vault with locked liquidity , and than yielding is used to buy SCARE on active UNISWAP MARKET and rewarded to the investors.
The target of launching the token by 1st quarter of 2021 is being achieve step by step by hard working people of this team.
They aim to have the exchange up and running by 1st quarter of 2021 and so far they have been successful as per their road map.

Once operational the exchange will be offering all the features promised:
 STAKING
 GOVERN CONTRACT
 DECENTRALISED LENDING
 NFT INSURANCE
 REWARDS FOR HOLDERS

SCARCE will also offer NFT Insurance. Investors will be able to buy/allocate NFT insurance. This will not only pay them guaranteed reward but will also pay back the funds upon redemption.

Last but not the least important feature of this token is that it is safe and secure, because it has been built on the idea of DEFI(Decentralised finance). The value of the token is boosted up by 4% through demand and supply method and is than locked.

In conclusion SCARCE Defi promises a safe and secure platform to its users by allowing them to do yield farming, earn reward and secure their funds. It is an opportunity that awaits to be explored.

OFFICIAL LINKS:
Visit https://docs.scarcitydefi.org/
https://scarcitydefi.org
https://twitter.com/DeFiScarcity?s=09
https://t.me/SCARCEchat
Author:
Bitcoin talk user name: Sayeds56
Bitcoin talk profile link: https://bitcointalk.org/index.php?action=profile;u=2178170
Twitter: @SHAHIDALISYED7
Telegram : @shahidalisyed30